Dear Sir or Madame-
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In this February 3, 2010 Publication:
Obama Promotes Tax Cuts For Small
Businesses To Prod Hiring
NAM President Says Obama's Jobs Focus
Must Be Followed By Congressional Action
Annual Die Casting Safety Recognition Program
Accepting Applications
OEM LEADS - Ready for Corporate Members
2010 Executive Conference
Obama Promotes Tax Cuts For Small Businesses To Prod Hiring
USA Today (1/29, Wolf) reports, "President Obama will promote tax
cuts for small businesses as he continues his renewed focus on job creation, but some of
the nation's job creators are dubious." The "idea is to prod companies to hire more
workers." Small businesses "also can raise wages or hours and be reimbursed for the
Social Security payroll taxes." The White House says the hope is that "tax cuts for
small business should lower the cost of hiring workers." But "business groups say the
credit won't do much to boost hiring." The NAM "is promoting its own job-creation
package, featuring a cut in corporate income tax rates and a more generous tax credit
for research and development. The group considers those changes more important than the
$5,000 tax credit." NAM Spokeswoman Erin Streeter said, "For those manufacturers who are
looking to hire, this will help. ... We don't anticipate this tax credit being a reason
for them to hire. Our members are going to hire if there is a long-term need."
The Washington Post (1/29, Fletcher) and Detroit News (1/29, Price, Shepardson) say the
President will propose using $33 billion for the program. But in another story, the Washington Post (1/29, Mui, Cho) says some small business owners
"worry it won't be enough to spur hiring."
The Christian Science Monitor (1/29,
Trumbull) reports the President also hopes to create two million jobs from exports, a
goal some economists say "is unrealistic." The New York Times (1/29, B1, Cooper) reports trade experts say "meeting
that goal would require the president to engage in a fight to the death with the liberal
wing of his own party, persuade China to allow its currency to appreciate 40 percent,
get global economic growth to outperform the salad days from 2003 to 2007, and lower
taxes for American companies that do business abroad."
NAM President Says Obama's Jobs Focus Must Be Followed By Congressional Action
Plant Engineering (1/29, Vavra) reports NAM
president John Engler said "President Obama's emphasis on jobs creation in the State of
the Union Speech Wednesday night must be followed by job-growth proposals in Congress,
including tax reductions for businesses." Engler said, "We commend the President for
focusing on jobs as we need to take immediate action to get Americans back to work. ...
We need policies that encourage job creation and help us to be more competitive in the
global economy. Government doesn't create jobs -- business does." Engler also said, "The
NAM submitted an economic analysis conducted by the respected Milken Institute that
shows more than 11 million jobs can be created in the U.S. in this decade alone by
reducing our corporate tax rate, establishing a better and permanent R&D tax credit,
modernizing the U.S. system of export controls and making investments in energy,
broadband and transportation infrastructure."
Annual Die Casting Safety Recognition Program Accepting Applications
NADCA's acclaimed annual Safety Award Program is now accepting applications. Awards are
give for Perfect and Outstanding Safety Records. Applications are accepted through the
end of the month, and companies are notified of their award status in early March.
Winning companies are recognized in print, via Die Casting Engineer magazine and LINKS
magazine and they are also invited to take part in the NADCA's Industry Awards Banquet
which is taking place on Tuesday, March 23 – 6:30 p.m., during CastExpo'10. Only
Corporate Members of the Association are eligible for this program, and participants can
be die casting facilities or suppliers to the die casting industry. Each winning
facility will be given one free floor pass to CastExpo'10 as well as a ticket to the
banquet. To find the program requirements as well as the entry form, click
here.
OEM LEADS - Ready for Corporate Members
This is your monthly reminder to corporate members. Leads generated during December can
now be accessed by logging in to myNADCA. Click
here to login.
Not sure of your login? Click here to get your login resent. Want to export your leads?
Click on "Lead Report Data Export" and search ALL the leads by categories such as state,
company type, metal. Results can be viewed online or exported to an Excel document. If
you need further assistance accessing the leads, please contact NADCA President, Daniel
Twarog at twarog@diecasting.org or (847)
808-3162.
2010 Executive Conference
This year the conference will be held in Lake Buena Vista, Florida at
Disney's Grand Floridian Resort & Spa. The conference conveniently
convenes on March 23, the day CastExpo'10 ends and runs until the
morning of March 25. This conference is filled with invaluable amounts
of information with presentations from Jim Paulsen - Wells Capital
Management, Emily DeRocco - The Manufacturing Institute, Robert Eppich -
Eppich Technologies and a half day presentation on Brand Loyalty given
by the Disney Institute. Along with these great presentations you will
receive:
- Admission to CastExpo'10
- Metalcasting Congress Sessions
- NADCA & AFS Congress Transactions
- Ticket to the 2010 Die Casting Industry Award Banquet at Indiana
Jones(tm) Epic Stunt Spectacular! Theater in Disney's Hollywood
Studios(tm)
- Breakfast on Wednesday and Thursday served lakeside at Summerhouse in
Disney's Grand Floridian Resort & Spa
- Closing reception at The Living Seas with Nemo & Friends with private
viewing of Disney's Illuminations: Reflections of Earth in Epcot(r)
For more detailed information or to register please visit
www.diecasting.org/meetings/exec or give me a call at 847.808.3161.
